Errol, in his home-made will, leaves 'ten of my most precious pieces of crystal' to be held by Jonathan, his trustee, 'in the expectation that he will distribute them to such of such students who graduated in 2015 from Barchester University as Jonathan in his absolute discretion shall decide.'
Errol has sought to create:

Question

Quizplus · Accepted Answer

Errol has created a discretionary trust as Jonathan has absolute discretion to decide which students will receive the pieces of crystal. The beneficiaries (2015 graduates of Barchester University) are not named specifically and their entitlement to the trust property is at Jonathan's discretion.

Errol, in His Home-Made Will, Leaves 'Ten of My Most